Outgoing World Bank president Robert Zoellick said Friday that emerging markets were well represented among the Bank’s staff as he sought to deflect criticism of the US lock on the top job. A nearly seven-decade carve-up has seen Americans...

By Lesley Wroughton WASHINGTON (Reuters) – A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation...

Women in the developing world have made strides in education, but still lag far behind men in opportunities, a gender gap that is hampering growth, the World Bank said in a report. Calling on countries to work to shrink that gap, the World Bank...

WASHINGTON — Food prices near record peaks and volatility in commodity markets are driving the lives of the world’s poorest people to the edge of survival, the World Bank warned Monday. Global food prices in July were 33 percent higher...

WASHINGTON (Reuters) – World Bank President Robert Zoellick on Tuesday unveiled $6 billion in funding to help Tunisia and Egypt address budget and reserve shortfalls this year and next, following popular uprisings that ended years of...

PARIS (AFP) – World Bank president Robert Zoellick warned leaders of the top global economies Saturday that the world is reaching a danger point where soaring food prices threaten further political instability. “I mentioned that we are...

WASHINGTON – Rising food prices have pushed about 44 million people into poverty in developing countries since last June, the World Bank warned Tuesday. Food costs are continuing to rise to near 2008 levels, when price spikes in food and oil had...

Robert Zoellick, president of the World Bank, shook up the world of international finance and central banking on Monday when he called for consideration of tying currency values to the global trade of gold, in hopes of producing more stable...